YEARLY HIGH
22.3529 DJF
YEARLY LOW
21.9397 DJF
YEARLY AVERAGE
22.1274 DJF

2024 MOP to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 22.3529. Conversely, the yearly low was recorded on May 13, dropping to 21.9397.

This high-to-low spread represents a total annual volatility of 0.4131 DJF. From a start-to-finish perspective, comparing the January average rate of 22.1004 to the December average rate of 22.2214, the exchange rate registered a net change of 0.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 22.3529 was up 0.36% compared to the 2023 peak of 22.2726, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MOP based on timing:

Yearly Peak High 111,764 DJF
2023 Average 110,309 DJF
Yearly Trough Low 109,699 DJF
Transaction Impact: A difference of 2,065.75 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

22.2384
22.0352
JanuMarcMayJulySeptNove

MOP to DJF Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 22.0830, compared to 22.1717 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0887 points.

H1 Avg (Jan–Jun) 22.0830
H2 Avg (Jul–Dec) 22.1717

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.2618 DJF (High: 22.2089 / Low: 21.9471). On the other end, April was the most stable month, with a tight range of 0.0904 DJF (High: 22.0840 / Low: 21.9936).

August Spread (Volatile) ±0.2618
April Spread (Stable) ±0.0904

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0172 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0172

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 22.1905) against the same month in 2023 (average: 22.1169), the exchange rate shifted by +0.0736 (+0.33%).

2024 Avg (November) 22.1905
2023 Avg (November) 22.1169

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.2086 22.0370 22.1004
February 22.1351 22.0409 22.0841
March 22.1087 22.0142 22.0693
April 22.0840 21.9936 22.0521
May 22.1662 21.9397 22.0898
June 22.2824 22.0259 22.1025
July 22.1515 22.0564 22.1127
August 22.2089 21.9471 22.1309
September 22.3141 22.1104 22.1673
October 22.2677 22.1154 22.2075
November 22.3529 22.1212 22.1905
December 22.2735 22.1541 22.2214